Wednesday, October 15
This is a journal of my thoughts on how cities create value. Value is measured in terms of quality of life for citizens, along with, more concretely, real estate value in monetary terms. Though I will try to keep a broad perspective, my immediate experience of the last 20 years is in Tel Aviv, Israel. Many of my examples will be drawn here, close to home, in a city that has experienced surprising stability and steady increase in the value of its real estate.